Answer Posted / md asif ali

ans1:goodwill is an fixed asset(intangible asset)
though it can not be seen or touched but can be feel in the
form of repo of the company. goodwill gives benefit for
long period of time

ans2
good will: (accounting) an intangible asset valued
according to the advantage or reputation a business has
acquired (over and above its tangible assets)
good will: the friendly hope that something will succeed
grace: a disposition to kindness and compassion; "the
victor's grace in treating the vanquished"
ans3:
Goodwill arises when a company buys another business at a
price greater than the book value....more on Goodwill

(a) Rajesh Ltd. gives you the following information for the year ended 31st March, 2006: (i) Sales for the year Rs. 48, 00, 000. The Company sold goods for cash only. (ii) Cost of goods sold was 75% of sales. (iii) Closing inventory was higher than opening inventory by Rs.50,000. (iv) Trade creditors on 31.3.2006 exceed the outstanding on 31-3.2005 by Rs. 1, 00, 000. (v) Tax paid during the year amounts to Rs. 1, 50, 000. (vi) Amounts paid to Trade creditors during the year Rs. 35, 50, 000. (vii) Administrative and Selling expenses paid Rs. 3, 60, 000. (viii)One new machinery was acquired in December, 2005 for Rs. 6, 00, 000. (ix)Dividend paid during the year Rs. 1,20, 000. (x)Cash in hand and at Bank on 31.3.2006 Rs. 70, 000. (xi) Cash in hand and at Bank on 1. 4.2005 Rs. 50, 000. Prepare Cash Flow Statement for the year ended 31.3.2006 as per the prescribed Accounting Standard. (b) Define the teen "Operating Activities", "Investment Activities" and "Financing Activities" as per NA S-3 Send me this question answer in my mail Address please help me to how solve the question ( deepakgaire@gmail.com) plese plese

1936

---

Expand--------AA

2095

---

Define control account Thanks

1932

---

If income and expense both are equal then what it depicts

1891

---

genpact uk based shift timings? and R2R job profile?

2218

---

Why do you want to work with us

2250

---

What is the rule on a school who will be handled by anither school? How do I calculate the royalty per year to the school who will supervise a new school

1952

---

EXPAND___________NAA

1891

---

What is Spin-off & spilts

1966

---

Tell me about how you have left a position better than you found it

1951

---

total capital stock

2055

---

Define Salry for the following purpose 1.To calculate HRA

2114

---

sir,how to get strong position in finance .how to get good position in company. qulification.Msc,MBA

2096

---

joint venture?

2141

---

what is audit mean? what is vouching? how to finalize the account? what is the meaning of + cast < as per last year auditor’s a/c ^ as per ledger JV journal voucher PV payment voucher AJV authorised journal voucher APV authorised journal voucher RV receiving voucher PCV petty cash voucher CPV cash payment voucher DN debit note DO delivery order PO purchases order CN credit note PS policy schedule RPS renewal policy schedule B bill Cx cross check nCx cannot cross check CB cash bill L list/letter SRF stock requisition form R report OR office report INV invoice DS deposit slip AB assessment bill Re receipt ECF entertainment claim form ATRF air ticket requisition form

4068

---